In April, the construction sector would have registered a rebound of 12.5%, achieving its second best result of the year after the 13.2% in January, reported the Peruvian Chamber of Construction (Capeco).
In the fourth month, it is expected that the progress of public works rose to 28.6% and cement consumption, 7.8%. This last indicator – key to measuring the performance of the sector – in the last 22 months, has had 20 negative results.
Thus, for the first quarter, construction GDP would have reached 7.2%, its highest rate in the same period since 2021.
Between January and April, cement consumption, according to Capeco estimates, grew 2.2% and the progress of public works, 31.4%.
It is necessary to specify that Capeco projects an annual variation of 4.0% for construction this 2024, while the MEF, one of 2.9%.
“The goal (of the MEF) may seem unambitious but it must be taken into account that between May 2023 and April 2024, the sector decreased 3.4%. In addition, construction suffers from its structural problems and others derived from the political situation , social and institutional of the country,” they summarized.
Source: Larepublica
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